Is Invesco S&P 500 Equal Weight Financials ETF (RSPF) a Strong ETF Right Now?

Zacks03-27

The Invesco S&P 500 Equal Weight Financials ETF (RSPF) was launched on 11/01/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Financials ETFs category of the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2422599578?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/132juehTNIyEUn7pK7.GPA--~B/aD01MDY7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/3d7c5b2146ac04ffd51752e17ff2a619","is_english":true,"pubTime":"2024-03-27 18:20","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2422599578","market":"us","top_or_hot":-1,"title":"Is Invesco S&P 500 Equal Weight Financials ETF (RSPF) a Strong ETF Right Now?","media":"Zacks","content":"<div>\n<p>The Invesco S&P 500 Equal Weight Financials ETF (RSPF) was launched on 11/01/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Financials ETFs category of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/invesco-p-500-equal-weight-102006560.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Invesco S&P 500 Equal Weight Financials ETF (RSPF) a Strong ETF Right Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Invesco S&P 500 Equal Weight Financials ETF (RSPF) a Strong ETF Right Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-27 18:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/invesco-p-500-equal-weight-102006560.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Invesco S&P 500 Equal Weight Financials ETF (RSPF) was launched on 11/01/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Financials ETFs category of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/invesco-p-500-equal-weight-102006560.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4550","symbol_name":"红杉资本持仓","start_time":0,"source_url":"https://finance.yahoo.com/news/invesco-p-500-equal-weight-102006560.html","article_id":"2422599578","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/132juehTNIyEUn7pK7.GPA--~B/aD01MDY7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/3d7c5b2146ac04ffd51752e17ff2a619"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422599578","pubTimestamp":1711534806,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The Invesco S&P 500 Equal Weight Financials ETF  was launched on 11/01/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Financials ETFs category of the market.Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way.However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance.The S&P 500 Equal Weight Financials Index equally weights stocks in the financial sector of t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4550":"红杉资本持仓","BK4588":"碎股","OEF":"标普100指数ETF-iShares","BEN":"富兰克林资源","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","BK4581":"高盛持仓","VFH":"Vanguard Financials ETF","BK4504":"桥水持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","BK4135":"资产管理与托管银行","SDS":"两倍做空标普500ETF","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","XLF":"金融ETF","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BX":"黑石",".SPX":"S&P 500 Index","OEX":"标普100","FDN":"First Trust Dow Jones Internet I","RSPF":"Invesco S&P 500 Equal Weight Financials ETF","IVZ":"美国景顺集团","BK4559":"巴菲特持仓"},"translate_title":"景顺标普500等权重金融ETF（RSPF）现在是一只强劲的ETF吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BEN":1,"XLF":1,"VFH":1,"SPY":1,"RSPF":1,"FDN":1,"BX":1,".SPX":1,"IVZ":0.9,"OEF":0.6,"UPRO":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"IVV":0.6,"ESmain":0.6},"content_text":"The Invesco S&P 500 Equal Weight Financials ETF (RSPF) was launched on 11/01/2006, and is a smart beta exchange traded fund designed to offer broad exposure to the Financials ETFs category of the market.\nWhat Are Smart Beta ETFs?\nMarket cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.\nInvestors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way.\nHowever, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.\nBased on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance.\nThis area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results.\nFund Sponsor & Index\nThe fund is managed by Invesco. RSPF has been able to amass assets over $274.80 million, making it one of the average sized ETFs in the Financials ETFs. RSPF seeks to match the performance of the S&P 500 EQUAL WEIGHT FINANCIALS INDEX before fees and expenses.\nThe S&P 500 Equal Weight Financials Index equally weights stocks in the financial sector of the S&P 500 Index.\nCost & Other Expenses\nInvestors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.\nAnnual operating expenses for RSPF are 0.40%, which makes it on par with most peer products in the space.\nIt's 12-month trailing dividend yield comes in at 2.01%.\nSector Exposure and Top Holdings\nMost ETFs are very transparent products, and disclose their holdings on a daily basis. ETFs also offer diversified exposure, which minimizes single stock risk, though it's still important for investors to research a fund's holdings.\nRepresenting 100% of the portfolio, the fund has heaviest allocation to the Financials sector.\nTaking into account individual holdings, Franklin Resources Inc (BEN) accounts for about 1.53% of the fund's total assets, followed by Invesco Ltd (IVZ) and Blackstone Inc (BX).\nRSPF's top 10 holdings account for about 14.91% of its total assets under management.\nPerformance and Risk\nSo far this year, RSPF has added about 7.58%, and is up about 0% in the last one year (as of 03/27/2024). During this past 52-week period, the fund has traded between $48.10 and $63.25.\nThe fund has a beta of 1.07. With about 73 holdings, it effectively diversifies company-specific risk.\nAlternatives\nInvesco S&P 500 Equal Weight Financials ETF is not a suitable option for investors seeking to outperform the Financials ETFs segment of the market. Instead, there are other ETFs in the space which investors should consider.\nVanguard Financials ETF (VFH) tracks MSCI US Investable Market Financials 25/50 Index and the Financial Select Sector SPDR ETF (XLF) tracks Financial Select Sector Index. Vanguard Financials ETF has $9.36 billion in assets, Financial Select Sector SPDR ETF has $37.72 billion. VFH has an expense ratio of 0.10% and XLF charges 0.09%.\nInvestors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Financials ETFs.\nBottom Line\nTo learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nInvesco S&P 500 Equal Weight Financials ETF (RSPF): ETF Research Reports\nBlackstone Inc. (BX) : Free Stock Analysis Report\nFranklin Resources, Inc. (BEN) : Free Stock Analysis Report\nInvesco Ltd. (IVZ) : Free Stock Analysis Report\nFinancial Select Sector SPDR ETF (XLF): ETF Research Reports\nVanguard Financials ETF (VFH): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2422599578"}